Sample Business Plan e-Business strategic plan for Pampanga State Agricultural University Executive Summary The PSAU website is an e-commerce start-up company positioning itself to become the market leader in offering online merchandise and a uniform and trouble-free way to return merchandise purchased online. The company also offers a business-to-business solution to online merchants of physical, non-perishable products. The company utilizes a consolidation approach in handling all product returns that allows online merchants to instantly save bad sales, restore customer satisfaction and stimulate repeat sales, while offering consumers a convenient, centralized online location to claim returns. By creating a new service category and utilizing the first-mover advantage, the website positions itself for rapid growth and gains a strong opportunity to raise entry barriers for possible competition. Company Description The Pampanga State Agricultural University website is a newly formed e-Commerce established in San Agustin, Magalang, Pampanga. The e-Commerce website was developed to promote products made by the university and provide a means for other merchandisers to sell their product online. Mission The business mission is to enhance customer service of online merchants, boost customer retention and increase sales. It strive to improve the overall image of the online merchant and therefore stimulate growth of online shopping. It put efforts to increase customer satisfaction when consumers deal with retailers, to enhance the interaction process when retailers communicate with consumers, and to streamline the problem resolution order in all possible ways. Vision It envisions to become a leading premier e-business in agroecological, environmental and industrial management under a culture of unity and teamwork for excellence. Company Information The e-Commerce was develop to generate more revenues to help and support the university in their financial needs. The e-Commerce was initiated by the Office of Business Affairs. This department was responsible in overseeing business operations and budgetary recommendations in the university. The business was located in San Agustin, Magalang, Pampanga. In terms of the current status of the e-Commerce website, it is not yet fully implemented because it requires major improvement on the design. One of the vital aspect of selling merchandise online is to provide compelling content to inspire sales. The office of business affairs will create an Internet based brand that unique product of Pampanga State Agricultural University will recognize as a leader in the promotion, marketing and sale of its goods in the online retail marketplace. Product and Services The e-Commerce services streamline the entire return process for retailers. They allow retailers to outsource a large part of their business, allowing the retailer to concentrate on their core competencies and not get distracted with activities that add little value. It will reduce capital expenditures of a company that uses their services, increase customer service of the retailer, increase sales opportunities, increase revenues, and improve inventory management. Customers will benefit by having a convenient, easy way to return their purchases as well as the ability to track their returns. Anticipated future products and services The website will provide a comprehensive set of valued added consumer services that will be specifically catered to the audience and product sponsors. These services include: Content - Users of the site will experience interactive and unique buying locally made products from PSAU. Community - Users of the site will be encouraged to take part in the community experience, using message boards, chat rooms and email. This builds an ongoing profile of our customers that will provide value added marketing and demographic data and feedback to our sponsors. Personalization - Users will be able to personalize their viewing experience to increase loyalty and repeat usage. Each customer is authenticated, thus our products and content will be specifically targeted to our customers buying and viewing habits. Shopping - The Company will deploy the latest technologies to enable interactive browsing to create a personalized shopping/viewing experience. Users can drag and drop products on their personalized baskets. Buying/Referring - Buyers will be referred to respective online merchants for purchasing by clicking on selected products featured in our content and programming. Brand Identity Specialize on product development and agri-based commercialization Location and Offerings PAC, Magalang, Pampanga www.oba.com Links to an external site.(e-commerce unavailable) School Uniforms Accessories Fresh vegetables and fruit Wine (Mango, Bignay, Tamarind) Consumable products Seedlings Consumer Profile Demographics Women and men Students; young and seasoned professionals Single; married; with or without children Ethnicity varies widely Psychographics Environmentally and socially conscience, actively recycles Conservative spender Gratified by purchasing quality product at a low price Values quality Brand conscience Savvy shopper -doesn’t mind spending time to find the ultimate product needs. Lifestyles Shops at brand stores, in-store and online Seeks good/unique finds Appreciates organic food Geographic Resides in or works in any places SITUATION ANALYSIS Product School Uniforms Accessories Fresh vegetables and fruit Wine (Mango, Bignay, Tamarind) Consumable products Seedlings Competition Stores in the area E-Commerce Distribution Limited to in-store purchases Environmental Factors Rise in neighborhood shops Local shops expanding into e-Commerce Opportunities Dynamic website featuring their merchandise e-Commerce functionality Online and offline strategies MARKETING STRATEGY Objectives Increase consumer traffic and loyalty to PSAU shop and to the store’s website Goals Product awareness Increase sales Customer loyalty preference Key Message Points One of a kind merchandise Product price is affordable Proceeds benefiting students and contract of service employees Key Tactics Website Redesign Intended Purpose e-Commerce capabilities Platform for communicating a clear brand identity Platform for ongoing and interactive communication with consumers Channel for building customer database (i.e.: email addresses) Source of community and lifestyle information Increase awareness of cause and volunteerism CALL TO ACTION Visit oba.com Links to an external site.for details Sign-up to be the first to hear about upcoming sales, events, and promotions WEBSITE E-COMMERCE Website With E-Commerce capabilities Wide merchandise assortment – school uniforms, accessories, foods, and seedlings Proceeds benefit program for students and contract of service employees. GOALS & STRENGTHS Goals Strengths Effective key word search capabilities. Search can be conducted for the entire site and/or subcategories of product based on multiple search criteria (price, brand name, featured items). Visibility of merchandise enhanced through dedicated themed areas Easy to Find and Browse Products Appropriate call outs geared toward target audience. Search results include images of all product. Multiple product views available once item is selected. Merchandise is displayed on a figure and professionally photographed. Easy Check Out and Shipment Process Google Checkout used to manage online purchases. Seamless and reliable. Shipping options offered including free instore pick of select items. Raise Awareness of Cause & Donations "Donate" link on top of each page directs visitors to multiple ways of giving. Top of home page includes note about the impact consumers can have by shopping with Housing Works. Promote Volunteerism "Volunteer" link on top of each page with opportunity to submit volunteer request form online. Each opportunity and shop locations are clearly outlined GOALS & OPPORTUNITIES Goals Opportunities Collect E-mails Offer additional incentive for submitting email addresses i.e.: "To receive the latest information on new products and sales sign-up today" on home page and within each product page. Easy to Find and Browse Product Promote site to allow consumers to have direct access to e-commerce store. Limited to 30 items per page. Create "View Extend search capabilities to include color; all" function to site. style; fabrication. Increase Sales Expand recommended products to increase up-selling. Create full looks with current inventory with Incorporate video into site to highlight new option for customer to purchase entire and must have items via mini fashion products. show. GOALS & WEAKNESSES Goals Weaknesses Difficult to maneuver back to e-store Ease of Navigation (throughout entire site) homepage once other areas of the site are accessed. Create link on each page directing visitors back to shopping homepage. Excellent Customer Service Unresponsive to emails submitted to email for general inquiries. Assign specific staff member to this task. Easy Return Process Information on return process is absent from shipment package. Add instructions for return on receipt form. APPLICATIONS FOR PSAU E-COMMERCE WEBSITE Current Website Lacks E-commerce capabilities Outdated design No product images Limited store, product, and cause information Opportunities for Improvement E-store Development: Search and Browsing Capabilities Multiple search functions and criteria Offer “View All” option Present professional images of merchandise from multiple viewpoints with a zoom feature Accompany each Image with detailed description of product (size, fabrication, care instructions, price) Cross and up sell merchandise by offering up to 10 relevant product recommendations Offer styling and full look options with each product Shipping & Returns Implement seamless shopping cart application (i.e. Google Checkout) Include free return label with shipment Customer Relations Display a question/comment field on each product page Clearly display link to FAQ page Dedicate area for capturing e-mail addresses with incentives highlighted Tag Line: e-Commerce for “like minded” conservative spender enthusiasts Logo: